Chennai: Four people two siblings and their wives were arrested by the Central Crime Branch (CCB) of the city police on charges defrauding a bank by obtaining a 7 crore loan using forged property documents.Police identified the suspects as V Vinod Sharma, 47, his brother, V Vivek Sharma, 41, and their wives, Sharmila Sharma, 42, and Sapna Sharma, 36. All were produced before a magistrate and remanded in judicial custody.City police initiated investigations based on a complaint from the manager of City Union Bank. The accused run a jewellery shop Kamadhenu at Avadi, police said. The family got a business loan of 7 crore from the bank by submitting forged property documents and failed to…
Read More…
Bank Fraud: Four Arrested in ₹7 Crore Bank Fraud Case in Chennai | Chennai News
